Tennessee foreclosures and housing market
How foreclosure works in Tennessee, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in Tennessee?
A balanced market.
Listings spent about 70 days on the market, and 23% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in Tennessee
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in Tennessee yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for Tennessee.
The closest place we track is Florida, with 1 property.
The Tennessee market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
Tennessee market score
- Homes for sale
- 37,424
- US: 1,179,101
- Typical days on market
- 70
- US: 66
- Listings with a price cut
- 23%
- US: 21%
- Homes for sale vs pre-pandemic
- +35%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 2Pickett County67 days on market · 12% with a price cut · 63 for sale
- 9Sequatchie County73 days on market · 21% with a price cut · 99 for sale
- 10Hardin County89 days on market · 17% with a price cut · 273 for sale
- 11Stewart County59 days on market · 15% with a price cut · 110 for sale
- 13Decatur County93 days on market · 12% with a price cut · 81 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 82Williamson County64 days on market · 15% with a price cut · 1,665 for sale
- 80Knox County60 days on market · 27% with a price cut · 2,032 for sale
- 79Wilson County54 days on market · 22% with a price cut · 960 for sale
- 76Roane County64 days on market · 24% with a price cut · 259 for sale
- 76Carter County80 days on market · 33% with a price cut · 177 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in Tennessee
Most Tennessee foreclosures are non-judicial.
- Main steps and notices
- The sale is published in a county newspaper at least three times, the first at least 20 days before.
- Notice goes to the borrower by registered or certified mail by the first publication date.
- Catching up before the sale
- A right to reinstate is required only on high-cost home loans.
- After the sale
- The borrower has two years after the sale to redeem, unless the loan documents waive it.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- Tennessee Code § 35-5-101 et seq.; § 45-20-104; § 66-8-101 et seq.
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in Tennessee and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
Tennessee questions
Is foreclosure in Tennessee judicial or non-judicial?
Most Tennessee foreclosures are non-judicial.
Can a homeowner get the home back after a foreclosure sale in Tennessee?
The borrower has two years after the sale to redeem, unless the loan documents waive it.
Can a borrower in Tennessee catch up on the loan before the sale?
A right to reinstate is required only on high-cost home loans.
Is Tennessee a buyer's or seller's market right now?
A balanced market. Tennessee scores 53 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 70 days on the market, and 23% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.